Stocks were indicated lower on Monday, but if there is one trend we keep seeing it is that investors will buy their favorite stocks and other stocks they see value in after weakness. 24/7 Wall St. reviews dozens of analyst research reports each morning of the week. The goal is to find new investing and trading ideas for our readers. Some of these analyst calls cover stocks to buy and others cover stocks to sell or avoid. These are this Monday’s top analyst upgrades, downgrades and initiations.

Carrizo Oil & Gas Inc. (NASDAQ: CRZO) was maintained as Buy at Canaccord Genuity, but the firm lowered its price target down to $50.00 from $54.00. Carrizo shares closed at most recently at $40.35 and have a consensus price target of $50.44. The 52-week trading range is $27.79 to $56.77.

Nike Inc. (NYSE: NKE) was raised to Buy with a $148.00 price target (versus a $130.47 prior close) at BB&T Capital Markets. Nike has a consensus analyst price target of $137.74 and a 52-week range of $86.77 to $130.59.

Oracle Corp. (NYSE: ORCL) was downgraded to Sector Weight from Overweight at Pacific Crest. Oracle closed at $37.37, has a consensus analyst price target of $44.29 and has a 52-week range of $35.14 to $46.71.

Pure Storage Inc. (NYSE: PSTG) was started as Neutral with a $21.00 price target (versus an $18.84 close, after a 4% drop) at UBS. Pure Storage has a post-IPO range of $15.50 to $20.60.

Regions Financial Corp. (NYSE: RF) was maintained as Buy with a $12.00 fair value estimate (versus a $9.02 close) at Janney Capital Markets. Regions has a consensus price target of $10.90 and a 52-week range of $8.54 to $10.87.

Seagate Technology PLC (NASDAQ: STX) was downgraded to Neutral from Positive and the price target was cut to $45 from $60 (versus a $39.56 close, after its warning) at Susquenhanna. Seagate has a consensus target price closer to $49 now, as well as a 52-week range of $38.64 to $69.40.

ALSO READ: 5 Oil and Gas Stocks Analysts Want You to Buy Now

Other key analyst upgrades, downgrades and initiations seen on Monday were in the following:
BorgWarner Inc. (NYSE: BWA) was downgraded to Underweight from Overweight and the price target was slashed to $37 from $68 (versus a $43.64 close) at Morgan Stanley.

Cablevision Corp. (NYSE: CVC) was raised to Equal Weight from Underweight and the price target was raised to $35.00 from $22.00 (versus a $33.01 close) at Morgan Stanley.

CIT Group Inc. (NYSE: CIT) was reiterated as Buy with a $53.00 fair value estimate (versus a $40.69 close) at Janney Capital Markets.

Delek US Holdings Inc. (NYSE: DK) was raised to Neutral from Underperform with a $35.00 price objective (versus a $27.04 close) at Bank of America Merrill Lynch.

Diamond Foods Inc. (NASDAQ: DMND) was downgraded to Hold from Buy at BB&T Capital Markets.

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Discover Financial Services (NYSE: DFS) was maintained as a Top Pick but the price target was cut to $69.00 from $77.00 (versus a $55.71 close) at RBC Capital Markets.

Ecolab Inc. (NYSE: ECL) was downgraded to Hold from Buy with a $125.00 price target (versus a $122.10 close) at Deutsche Bank.

Enable Midstream Partners L.P. (NYSE: ENBL) was raised to Buy from Neutral at Citigroup.

Endologix Inc. (NASDAQ: ELGX) was started with an Outperform rating and a $17.00 price target (versus a $13.90 close) at RBC Capital Markets.

Itron Corp. (NASDAQ: ITRI) was raised to Buy from Hold with a $45.00 price target (versus a $34.34 close) at Canaccord Genuity.

Joy Global Inc. (NYSE: JOY) was downgraded to Underweight from Hold at BB&T Capital Markets.

New Residential Investment Corp. (NYSE: NRZ) was raised to Overweight from Neutral and the price target was lowered to $16.00 from $17.00 (versus a $12.98 close) at Piper Jaffray.

NextEra Energy Partners L.P. (NYSE: NEP) was raised to Buy from Neutral with a $32.00 price target (versus a $25.26 close) at Goldman Sachs.

Texas Roadhouse Inc. (NASDAQ: TXRH) was raised to Overweight from Sector Weight at KeyBanc Capital Markets.

Ubiquiti Networks Inc. (NASDAQ: UBNT) was downgraded to Market Underperform from Market Perform with a $26.00 price target (versus a $34.15 close) at JMP Securities.

ALSO READ: 6 Big Companies That Severely Stung Shareholders Last Week

In case you missed Friday’s top analyst upgrades and downgrades, they included Blackstone, Infloblox, Dynegy, IBM, Sprint, Spirit Airlines and Verizon Communications and more.

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